A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.

Take a few minutes, just in case, and think about it.At least give it some thought.If that happens, what's your plan?Do you have one?Because if this bailout doesn't work (anyone remember the "super SIV"?), it could get quite, well, interesting.

Side note - on an HP'ers recommendation I just finished "Last Light", a peak-oil slash terrorism slash Goldman Sachs/Skull & Bones worst-case-scenario societal-breakdown book set here in the UK and Iraq. Good read. Check it out. Even if you never need to activate your "worst case" plan, it's good to have one.

Don't worry, I'm not getting all survivalist / truther on you. But you have to admit, the headlines these days are unlike anything you've ever seen.

77 comments:

Fear is Good. Fear Works
said...

Keith,

They're trying to scare everyone so they will give up their rights. And freedoms. That's the end-game. Total Global Control. That was the reason for 9/11. That's the reason for this financial armageddon nonsense.

If the system actually ever crashed the results would be unpredictable. They could very well lose all control. End up ruling over a pile of rubble or a tomb. Or get torn to pieces by an angry mob of 1 billion people. That's the last thing they want!

EVERYBODY: THROW OUT ALL INCUMBENTS THIS FALL ELECTION. AND EVERY ELECTION THEREAFTER. THAT'S THE FIRST STEP TO FIXING THE SYSTEM.

KABUL, Afghanistan - Pakistani troops fired at American reconnaissance helicopters near the Afghan-Pakistan border Thursday, and ground troops then exchanged fire, the U.S. military said.ADVERTISEMENT

No injuries were reported, but the incident heightened tensions as the U.S. steps up cross-border operations in a volatile region known as a haven for Taliban and al-Qaida militants.

Two American OH-58 reconnaissance helicopters, known as Kiowas, were on a routine afternoon patrol in the eastern province of Khost when they received small-arms fire from a Pakistani border post, said Tech Sgt. Kevin Wallace, a U.S. military spokesman. There was no damage to aircraft or crew, officials said.

U.S. Central Command spokesman Rear Adm. Greg Smith said Pakistan and American ground troops exchanged fire after Pakistani forces shot at the helicopters.

I was just thinking about this. I give a 1/4 chance of a new great depression. If that happens I guess I just go into survival/farming mode. What else is there to do? I have no savings but almost no debt as well. I guess I'm just free to roam the country.

If all goes to hell, I will be moving my family to Brazil. That place is awesome and the people are great people that are nothing close to as materialistic as here in the USA. I am so tired of the selfish crap in the USA.

I have always found it interesting how Paulson and his Sidekick painted this 700 billion dollar rescue as a emergency . We certainly had not come to that point and shoring up money market accounts along with FDIC should of calmed any run on the banks .They had not even allowed the 300 billion dollar Housing Bill that was due to go in effect In Oct. work yet .

So, my take is that Paulson and his sidekick was using the classic ploy of creating a fake emergency in order to get a Bad Bill passed .

I think Crammer has been throwing out a lot of panic talk ,and Wall Street in general seems to make their demands in this manner as to get a advantage .

The dial has moved firmly into "fear" now, pushed there by the Bush administration.

Desperation and Panic are dead ahead.

And by the way, thanks for your insightful, humorous, and uncannily prescient posts over the last few years. If all Americans had been reading your blog, there would not be so much confusion and pain right now.

Bush gave a good hand to bin Laden whose avowed goal of 9/11 was to wreck the American financial system and topple America's way of life.Instead of paying attention to the thieves at home, Bush followed his God inspired, natural, dumb instincts. He thought fear was the best way to govern. From there came the "Shock and Awe" tactic he embraced both at home and abroad. He failed miserably on both fronts, but he's still using the same fear tactics.

Now he's warning the American people that they are standing on the edge of the abyss, and that they will lose everything if they don't throw their money at the financial monster he helped create.

Have you ever heard of a president driving his people to despair all the time?

Fear! That's Bush's real doctrine.

Bush is a masochist, folks! He got so addicted to scaring his own people that he creates bad news and crises and disasters out of thin air, because he cannot govern without them.

Keith! Your call to throw incumbents out is not realistic. I think the "majority" of Americans, especially those who elected and re-elected Bush, have become themselves addicted to fear. If they throw out those jerks and not vote for McCain, who's then going to scare them to death after Bush leaves office (if he does)? They need to be scared and they simply cannot live without fear!

We should all be strategizing on how to best take advantage of this sitution! Understanding the cause of the boom (http://www.thefreedomfactory.us/contributing-factors-to-the-housing-boom/) will help recognize where and how to get into the market while it's collapsing.

Every downturn comes with a ton of fear, lots of doomsday talk, and reasons why you should bury your cash in your backyard. Downturns also come with the kinds of opportunities that make fortunes. Let's be optimistic, folks!

Yes, the Second Coming is soon and thou, the Bushy lovers, the Republicunt, will be judges.

Degradation is inevitable for the land of the Americano AKA the land of the Snapper Turtle.

When you have dumb-ass occupants voting for turkey to lead the nation, you will have to expect the consequence of a hilarious outcome to appear sooner or later down the line of history.

Add in the mentality consisting of selfishness, greed, immorality, no social ethic, no family value, the me-me-me now-now-now screaming out loud wishes, the fat-ass shallow-thinking of a bemuddled brain, and you have yourself a pile of sh*tty problems in hand that are unsolvable.

So how do you rescue a nation at the brink of destruction ? None.

Looks like the good old ancient Snapper Turtle may just outlive the fat-ass, tape-worm belly gut Americano homo-sexual erectus !!!

#####

"""""Turning and turning in the widening gyreThe falcon cannot hear the falconer;Things fall apart; the center cannot hold;Mere anarchy is loosed upon the world,The blood-dimmed tide is loosed, and everywhereThe ceremony of innocence is drowned;The best lack all conviction, while the worstAre full of passionate intensity.

Surely some revelation is at hand;Surely the Second Coming is at hand.The Second Coming! Hardly are those words outWhen a vast image out of Spiritus MundiTroubles my sight: somewhere in sands of the desertA shape with lion body and the head of a man,A gaze blank and pitiless as the sun,Is moving its slow thighs, while all about itReel shadows of the indignant desert birds.The darkness drops again; but now I knowThat twenty centuries of stony sleepWere vexed to nightmare by a rocking cradle,And what rough beast, its hour come round at last,Slouches towards Bethlehem to be born?"""""

(2) Second move is public buys into the housing gamble to the point of fraud on loan application ,liar loans ,cash back fraud .

(3) Third move- Cheerleaders try to keep fake market going ,it failed ,market or Ponzi -scheme starts crashing . (4) forth move -Public starts walking on debt because they can't sell to a greater fool . (5) Wall Street tries to fake out public that the market is good and Paulson enters the picture . (6) Market doesn't re-bound like cheerleaders said and Fat Cats start plotting how to change bag-holder to taxpayers with using stressed fraudulent homeowners as grounds for bail-outs , (7) All kinds of bills passed and money is shot down a rat-hole .Government take-overs and bad companies being given money to sweeten deals or have time to BK. Some banks are allowed to fail (8)Move number 8 -Paulson and Sidekick claims emergency need for 700 billion ,and World gets upset.Paulson can't really explain why its a emergency ,other than vague statements .Paulson claims no credit will be extended if he doesn't get 700 big ones (9) Public rejects paying for thieves and PR campaign ensues from Cheerleaders in news to support the bill quick and ask no questions .This will save you type stuff . (10) Next move from taxpayers is that they are rebelling and Politicians don't know what to do . (11) Cheerleaders beef up campaign to convince public the Paulson Plan is for their own good or its curtains . Part of the public isn't convinced and thinks there might be a better plan . (12) Opposition from People opposing bill . Damn Wall Street is saying can't get her done .Some objectors want better deal from thieves . Bill in Limbo for a while

This country is so fragile at this moment that ANYTHING could serve as the tipping point, including attempts from shady groups, riots from the Obama base, natural disasters (the big one hitting San Francisco or LA), shortage of oil through terrorist attacks or Russia trying to create conflicts to pump the price of energy, etc, etc. I mean, ANYTHING could make this country implode right now.

Make sure you get a nice AR-15 and a Glock to go with your BOB.

Not only do I have a BOB, but also an ocean escape plan with my boat, since I live on the coast. I also have a property overseas with money stashed in several currencies. My next project is my organic farm, with renewable energy and a bunker, to wait for December 26, 2012. I've been preparing many years for this.

Check the Zombie Squad forum for tips on how to put together your BOB:

I don't care anymore. Thanks for the insight, I tried to use it to tell my kin in California to sell their shitboxes in 2005 - 2006 to no avail. I hate to admit it, but I am now a tin-foil hat wearing mo fo. I no longer trust anybody and will not lend a helping hand to any swinging dick out there. Fuck the american public and their non-knowing asses about anything other than dancing with the stars and american idol. Say hello to China and inflation and goodbye to the US Constitution and this once great nation.

I served my time as a soldier believing in the ideals of the United States and till this day would kill or die to defend the oath I swore to 20 years ago. However, now I can literally see myself killing a fellow comrade in arms trying to uphold the agenda of this current administration in order to remain faithful to my oath. This is definitely a sad time for America. I must now leave and shed a tear and hope that the worst will not come for I do not want to destroy a fellow brother to defend the Constitution of this land.

I am out for good. Take care and may the best come out of this situation.

I'm going to go to Washington and try to get involved in the purges of conservatives, the trials where we ferret out conservatives and send them to work camps in the desert for crimes against the country.

If it gets more violent than that, ever more the better. The only good conservative is a dead conservative.

You know that bridge at the end of the movie Escape from New York? It was filmed near where I grew up, was closed for years prior to filming. I used to ride my bike there with friends and we'd smoke pot underneath it on the pillars.

Fun fact from a liberal who thinks it'd be fun to throw Wall Street types off that bridge.

My first thought would be to grab my guns and go to my Mother, Father, and Sister...and arm them for their protection.

Eventually we would let more and more people in our little group. I would try to start a community in which people would grow food, make weapons, make clothes, build houses, etc. Fortunately, riots and mobbs don't last forever, and people eventually settle down and start communities where everyone has a role to play.

This problem could be solved.... Pass a new law to put people in debtor prisons that default. The fucking deadbeats would figure out how to pay. These assholes should be in jail. Everyone blames Bush, congress, mortgages companies, realtors. What about the scam bags that bought the houses. I can't BELIEVE a fucking house bought America to it's knees. People need to suffer. People need to be ACCOUNTABLE!!@# OMG How un-American of me!

Fire up my Telecaster and become a 21st Century Woodie Guthrie singing songs of hope and defiance for the working men and women of this country who have gotten run over by this train wreck called Wall Street. The songs will be different but the theme is the same-THIS LAND IS YOUR LAND THIS LAND IS MY LAND. My goal is to inspire the people of the USA so that we might work together to rebuild the country we love which big busines stole from us and then destroyed.

If it is enough for the fear-mongers in their secret and undisclosed locations, it counts in my book.

PANIC!!!

(aside -- my VERY smart 11 year old was just looking at a book on observing the moon. He noted it seemed old and saw the copyright was 1969 and laughed that it was "old". Reading it he laughed and said "It does say "in this prosperous country of ours"). I guess there is hope -- too bad hope is such a cynical concept these days.

like peter schiff said,the American people will have to live below their means and learn to save instead of spending on non essentials.

worst case scenario? -12-15% unemployment-combo of 90's japan 70's U.S. economy.-you'll have to use public transportation a lot more.-no more vacations-two jobs-sharing you're house or apt. with another family-chicken coops in the backyard.http://tinyurl.com/4jxve5-corruption an everyday thing for the average citizen.

listen guys,I grew up in Mexico and we had recessions every 6 years,couple of depressions.all of our natural resources have been exported and we never saw any of the money.

yes you'll need a gun from now on,but not because the government is ready to ship you to a fema camp to gas you,but because someone is gonna try to steal your property or place of business.

people reading on these conspiracy theories(not making fun,some of them do make sense) from Alex jones and youtube or joining the local church means only one thing,that we are in full panic mode

if we ran out of oil tomorrow morning I could agree with the Armageddon theory.maybe we won't have a lot of money but we still have a lot of resources.and yes some will go hungry short term as thing get sorted out and people realize that is time to work to get something instead of getting something for nothing...

Well, I guess I'll probably have to resort to cannibalism. I don't like the idea any more than some of you might, but if that's how it's going to play out I guess I'll just have to get out my malt vinegar.

I suppose after the cannibalism I could play cards for a while. You know, to pass the time. After that I don't know. Long term planning usually isn't my thing, really. Maybe I'll take a pottery class. Who's up for some pottery?

I think we're heading for cannibalism. First we'll have a full financial meltdown. Then a systemic breakdown in energy, food and public safety. Finally the only nourishment left will be the kind on two legs and wearing designer shoes.

But if you have a gun, the right attitude and access to canning supplies, this will be no problem. Human meat is tender, very high in protein and vitamins, and cooks up easily in a variety of tasty sauces. All you need to do is harvest and preserve it.

Keith, you probably forgot that we live in the U.S.A. We have a developed society and people respect the rule of law. Even if the economy tanks, society won't break down because we are a very developed country (socially, politically, economically, etc...).

Now, if one lives in Somalia, Pakistan, Iraq, etc... then they have something to worry about if the economy enters a Depression.

I predict that we may experience a little bit of turbulence but in the end as Americans we will pull together. We always have and always will. Unlike most of you HP'ers, I have faith in our country.

If all goes to hell, I will be moving my family to Brazil. That place is awesome and the people are great people that are nothing close to as materialistic as here in the USA. I am so tired of the selfish crap in the USA.

Its time to march on DC!!!!

September 25, 2008 10:32 PM

Yeah, go move to Brazil. I hate people like you who don't have faith in our country. Remember, "stand by her and guide her. Through the light in the night from above".

Not that this scenario would happen but my immediate thoughts are, I need more ammunition. Not just for intruders and protection, but for hunting game as well. Ive been thinking about buying a better long range rifle also.

Need to pull more cash out just in case, and stock up on the items needed for survival, early on, while money still works in the stores.

Plant and tend a good garden next spring and just lay low and watch over things.

If you listen to the uneducated public, they are still pointing fingers, blaming the party opposite of their ideology on the talk shows and discussion boards. They think that this is just a another chapter of the political soap opera game. To them "housing collapse" is just a buzzword like "abortion" or "alternative fuels" to argue about.

You see it with the leaders. The broken system is currently on display for all the world to see. Rome burns while the leaders debate the color of the firetrucks to send. If they were panicked, this would be a slam dunk passage in desperation, instead being treated as Stimulus Package II, complete with political photo ops.

Bush's speech last night didn't help though. It probably spooked more people than it soothed. Banking is a confidence game, and it's never good for the President to interrupt a season premier to tell you that the financial world as you know it may end, even if you don't understand it. The only solace is that many people think that the President does nothing but lie, so the message didn't take.

They took over on a THURSDAY NIGHT. Hey idiots, you're supposed to take over on a friday night so nobody can react to it.

Friday will be a BLOODBATH on the market.

And monday too. look out below.

Oh look, conservative republicans - a tiny minority of elephants REBELLED against the bailout. (the party majority of the republican party is"neocons" - code for leftists/communists/socialists/statists)

http://biz.yahoo.com/ap/080925/financial_meltdown.html

Finally someone stood up against the bankers and for the taxpayer. Oh, will this blog mention that?

Naah. Only one party is evil, worship Obama on this blog, when really both parties have gotten evil.

China has begun making some disturbing comments regarding treasuries and halting lending to the U.S. This is not a good sign at all and maybe this is why the crime family is acting so demanding. If China demands payment for treasuries, we are in deep s...! This would lead to a dollar collapse which might bring on a Mad Max environment.

"Didn't the Y2K bug destroy the world back in 2000? So now problem is the economy, well, great! Imagine the number of oportunities this will create in the coming years."

Dork - Y2K was a cakewalk because billions were spent to fix it, and many excellent programers spent a great deal of time fixing the problem.

"Keith, you probably forgot that we live in the U.S.A. We have a developed society and people respect the rule of law. Even if the economy tanks, society won't break down because we are a very developed country (socially, politically, economically, etc...). "

Dork - New Orleans, post Katrina, like a mad max movie, and that was after 2 DAYS of hardship. We got years of bad times on the way.

>> But if you have a gun, the right attitude and access to canning supplies, this will be no problem. Human meat is tender, very high in protein and vitamins, and cooks up easily in a variety of tasty sauces. All you need to do is harvest and preserve it.

OMG! Jeffery Dahmer is blogging from Hell! How cool is THIS? I didn't know a WIFI signal could go down that deep?!?!

Keith, a gameplan is hard to come up with when I don't exactly know what the bottom will look like. You obviously have a better idea than most. I can handle the truth as can most HPer's, please don't worry about sounding survivalist. Can you give us a basic emergency kit/list of things to do like in other disasters when we don't know what the magnitude of the coming disaster will be. Sure would appreciate it.

If I lost my job and house, I still have a 18 acre ranch free and clear. Would move there and farm. It doesn't seems all that bad to me. I hate my job anyways. And as a bonus, maybe we'll get rid of all the f-ing lawyers!!!

I plan to escape to my 500,000 acre ranch that I recently purchased in Argentina. Fortunately, it is located right next to an abandoned Argentinian Air Force runway that can accommodate my new "Bush Force One" jet that allows me to continue my life of luxury after I leave office (if ever!). As far as the US sheeple are concerned, "Let Them Eat Cake!"

Yeah, learn how to shoot and care for a firearm. People's ethics and morality get twisted when their children go hungry. Oh and buy some razor wire and cement. Ever seen what nice homes look like in Brazil? Cement fences with razor wire.

Headed for my compound in the Cascades. Have plenty of guns, flour, salt, spices. Got a hard headed country girl wife, two strong boys, and three large dogs to live in a 1930's rechinked Log House, off the grid. Planto hunt, fish, and read by the fire place with a solar powered led lamp. Better than retirement, and no, you are not gonna be able to visit when the assclowns with a sense of entitlment loot your city.